Annual Report 2020

2020 Financial Statements and dividends

The 2020 Financial Statements were prepared by the Management Board, and audited by PwC. They issued an Auditor Report, which is included later in this Annual Report. In February 2021, it was discussed extensively by the Audit Committee and the external auditor in the presence of the Management Board, and approved by the Supervisory Board.

Contingent upon the Company's financial position not being materially worsened due to the impact of the second wave of the COVID-19 pandemic in 1Q 2021, GrandVision confirms its intention to propose a dividend of EUR 0.35 per share for the fiscal year 2019 at the Annual General Meeting on 23 April, 2021.

GrandVision will not propose at this time a dividend for the fiscal year 2020. 

The Supervisory Board recommended that the Annual General Meeting adopt the 2020 Financial Statements and discharge the Management and Supervisory Boards from liability for their management in the year under review and their supervision, respectively.

Schiphol, 25 February, 2021

On behalf of the Supervisory Board,